Information Services Market
By Type;
News Syndicates, Libraries & Archives and OthersBy Function;
Data Backup & Recovery, Network Monitoring & Security, Human Resource, System Management, Defense and OthersBy End-User;
Automotive, Healthcare, Retail, Manufacturing and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Information Services Market Overview
Information Services Market (USD Million)
Information Services Market was valued at USD 173,531.25 million in the year 2024. The size of this market is expected to increase to USD 305,198.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.
Information Services Market
*Market size in USD million
CAGR 8.4 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 8.4 % |
Market Size (2024) | USD 173,531.25 Million |
Market Size (2031) | USD 305,198.70 Million |
Market Concentration | Medium |
Report Pages | 392 |
Major Players
- Bloomberg LP
- Thomson Reuters
- IBM Corporation
- Oracle Corporation
- Experian plc
- Nielsen Holdings
- Wolters Kluwer
- RELX Group (formerly Reed Elsevier)
- Equifax Inc
- S&P Global Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Information Services Market
Fragmented - Highly competitive market without dominant players
The Information Services Market continues to expand as businesses increasingly depend on high-quality data to guide operations and strategies. With over 65% of enterprises utilizing third-party data services, the integration of external insights has become central to informed decision-making. This shift reflects the growing demand for real-time, accurate, and strategic intelligence.
Accelerating Adoption of Intelligent Technologies
Advancements in AI, machine learning, and natural language tools are reshaping how information services are delivered. More than 50% of providers now include AI-powered features that support predictive analysis and personalized recommendations. These enhancements are making data services more intuitive and value-rich for end users.
Enterprise Solutions Gaining Momentum
Demand for scalable and specialized platforms continues to grow among large organizations. Over 60% of enterprises have implemented professional information systems to stay current on industry developments and regulatory trends. This highlights the rising need for robust, enterprise-grade services that align with strategic goals.
Collaborative Growth and Platform Expansion
Strategic partnerships are playing a key role in market expansion. Approximately 40% of industry initiatives now focus on alliances that integrate diverse content types into comprehensive platforms. These collaborations are enabling service providers to deliver more dynamic and wide-ranging solutions to users.
Information Services Market Recent Developments
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In June 2023, Dun & Bradstreet launched a global business insights platform delivering real-time analytics to help organizations enhance supply chain optimization and operational efficiency.
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In August 2022, Experian introduced new AI-powered solutions for credit scoring and data analysis, enabling more effective and secure management of financial information for businesses and consumers.
Information Services Market Segment Analysis
In this report, the Information Services Market has been segmented by Type, Function, End-User, and Geography.
Information Services Market, Segmentation by Type
The Information Services Market has been segmented by Type into News Syndicates, Libraries And Archives and Others.
News Syndicates
News syndicates provide pre-packaged news content such as articles, features, and photographs to multiple media outlets. These services are in high demand due to the growing need for real-time information, particularly in the digital space. Approximately 40% of the market share is driven by syndication services offered to online platforms.
Libraries And Archives
This segment includes institutions that collect, preserve, and provide access to historical and current data. With digital transformation, many libraries and archives have transitioned to online repositories, contributing to nearly 35% of the market due to increased access to academic and government research.
Others
The "Others" category comprises miscellaneous information services such as fact-checking databases, research portals, and niche directories. These services are experiencing steady growth, accounting for around 25% of the market as organizations seek specialized information solutions.
Information Services Market, Segmentation by Function
The Information Services Market has been segmented by Function into Data Backup & Recovery, Network Monitoring & Security, Human Resource, System Management, Defense, and Others
Data Backup & Recovery
The Data Backup & Recovery segment focuses on safeguarding digital assets through regular backups and rapid restoration protocols. With increasing concerns over data loss, this function contributes to nearly 30% of the market, especially among enterprises managing large volumes of sensitive information.
Network Monitoring & Security
Network Monitoring & Security ensures uninterrupted network performance and protects against cyber threats. It holds approximately 25% market share, driven by the rising frequency of cyberattacks and the need for real-time threat detection.
Human Resource
This function includes HR information systems that manage employee data, payroll, and recruitment processes. It accounts for around 15% of the market as businesses increasingly adopt digital tools for workforce optimization.
System Management
System Management involves the administration of IT infrastructure, ensuring performance, availability, and efficiency. It represents about 12% of the market, fueled by demand for automated system diagnostics and updates.
Defense
The Defense segment covers military-grade information services for surveillance, intelligence, and secure communication. Making up nearly 10% of the market, it is propelled by the increased emphasis on national cybersecurity frameworks.
Others
This category includes miscellaneous functions like compliance tracking, project reporting, and customer data analytics. Together, they contribute about 8% of the market as businesses look for tailored information services to address niche requirements.
Information Services Market, Segmentation by End-User
The Information Services Market has been segmented by End-User into B2B and B2C.
B2B
The B2B segment includes information services tailored for businesses, such as market research, competitive intelligence, and data analytics. This segment holds around 60% of the market share, driven by the demand for strategic decision-making tools across industries.
B2C
The B2C segment serves individual consumers, offering services like online news, digital libraries, and personal data management. It accounts for nearly 40% of the market, supported by the rise in digital content consumption and personalized information services.
Information Services Market, Segmentation by Geography
In this report, the Information Services Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Information Services Market Share (%), by Geographical Region
North America
North America leads the market due to its advanced IT infrastructure and high adoption of digital services. The region contributes approximately 35% of the revenue, driven by strong demand in sectors like finance, defense, and healthcare.
Europe
Europe holds a significant share, around 25%, supported by data regulations such as GDPR and increasing investments in digital transformation. The market is fueled by a rising need for data security and information governance.
Asia Pacific
The Asia Pacific region is experiencing rapid growth, accounting for nearly 20% of the market. This expansion is due to the digitalization of enterprises, increasing internet penetration, and the rise of startups across developing economies.
Middle East and Africa
Middle East and Africa represent a growing market, contributing around 10%. The demand is rising for cloud-based solutions and government-led smart city initiatives, particularly in the Gulf countries.
Latin America
Latin America holds close to 10% of the global market share. Growth in this region is driven by expanding IT services, increasing business digitalization, and a growing focus on data-driven decision making.
Information Services Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Information Services Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunities Analysis
Drivers
- Accelerated pace of digital transformation
- Rise in big data utilization
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Increasing concerns over cybersecurity threats - Increasing concerns over cybersecurity threats are significantly driving the growth of the information services market. As cyberattacks become more frequent and sophisticated, organizations across sectors are seeking advanced information solutions to detect, analyze, and respond to threats in real time. The growing prevalence of data breaches, ransomware, and phishing campaigns has heightened the need for accurate, timely, and actionable intelligence that helps protect sensitive digital assets and ensure business continuity.
Information service providers play a critical role by delivering threat intelligence, vulnerability assessments, and risk management tools tailored to evolving cyber landscapes. With stricter data protection regulations and increased remote work environments, businesses are investing in robust information frameworks to proactively monitor risks and comply with security standards. This rising demand for cybersecurity-driven insights is fueling innovation and shaping long-term growth in the information services industry.
Restraints
- Rising concerns over data privacy
- Challenges integrating legacy systems
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Budget limitations and cost pressures - Budget limitations and cost pressures act as a significant restraint on the information services market, particularly for small and medium-sized enterprises that often operate with limited financial resources. The high cost of implementing advanced information systems, subscription-based data platforms, and cybersecurity solutions can deter adoption despite growing data needs. In many cases, businesses must prioritize short-term operational expenses over long-term investments in information infrastructure, slowing market expansion.
Additionally, cost-sensitive sectors such as education, non-profit, and public administration may struggle to justify continuous spending on premium data services or analytical tools. With rising inflation and economic uncertainty, organizations are increasingly scrutinizing IT budgets, leading to delayed upgrades or reduced service contracts. To remain competitive, information service providers must focus on delivering cost-efficient solutions, flexible pricing models, and scalable platforms that align with diverse financial capabilities.
Opportunities
- Integration of AI and machine learning
- Growing adoption of cloud technologies
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Development of industry-specific solutions - Development of industry-specific solutions presents a significant opportunity for the information services market, as businesses increasingly seek tailored data and analytics tools that address their unique operational needs. By offering customized platforms for sectors such as healthcare, finance, retail, and manufacturing, information service providers can deliver more relevant insights, enhance decision-making, and improve overall efficiency. These sector-focused solutions allow organizations to align information systems with regulatory requirements, customer expectations, and industry best practices.
As digital transformation accelerates, demand for specialized data services—including compliance monitoring, supply chain visibility, patient record analytics, and financial risk modeling—is rapidly growing. Providers that develop modular, scalable, and integrated tools for specific industries can create greater value and gain competitive advantage. This strategic shift toward verticalization not only enhances customer retention but also opens new revenue streams, driving long-term market growth.
Information Services Market Competitive Landscape Analysis
Key players in Information Services Market include:
- Bloomberg LP
- Thomson Reuters
- IBM Corporation
- Oracle Corporation
- Experian plc
- Nielsen Holdings
- Wolters Kluwer
- RELX Group (formerly Reed Elsevier)
- Equifax Inc
- S&P Global Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Function
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Information Services Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Accelerated pace of digital transformation
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Rise in big data utilization
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Increasing concerns over cybersecurity threats
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- Restraints
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Rising concerns over data privacy
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Challenges integrating legacy systems
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Budget limitations and cost pressures
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- Opportunities
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Integration of AI and machine learning
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Growing adoption of cloud technologies
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Development of industry-specific solutions
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Information Services Market, By Type, 2021 - 2031 (USD Million)
- News Syndicates
- Libraries & Archives
- Others
- Information Services Market, By Function, 2021 - 2031 (USD Million)
- Data Backup & Recovery
- Network Monitoring & Security
- Human Resource
- System Management
- Defense
- Others
- Information Services Market, By End-User, 2021 - 2031 (USD Million)
- Automotive
- Healthcare
- Retail
- Manufacturing
- Others
- Information Services Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Information Services Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bloomberg LP
- Thomson Reuters
- IBM Corporation
- Oracle Corporation
- Experian plc
- Nielsen Holdings
- Wolters Kluwer
- RELX Group (formerly Reed Elsevier)
- Equifax Inc
- S&P Global Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market